Just What the Doctor Ordered
Health care is considered a defensive sector, and large-cap health-care stocks tend to outperform in times of economic uncertainty and stock market turmoil. That’s all well and good, but in a market as oversold as the one we’re currently in, I think it will be much more profitable (and fun) to aim for the fences with some biotech penny stocks.
Now, when I say “penny stocks,” I’m not talking about micro-cap pink sheet or OTC stocks that cost only a few cents per share. True penny stocks are much too risky to make good investments. Rather, the penny stocks I’m recommending are a little bigger (read: safer), yet still have the ability to deliver outsized gains as the market recovers.
Here are six top biotech penny stocks to buy now: